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Author Topic: Will price be at around $700 by end of october  (Read 7840 times)
~Bitcoin~ (OP)
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October 06, 2016, 05:02:23 AM
 #1

Currently price is trying to break $600 but still lots of selling force is trying to push the price down under $600. What you guys think can this October bring another good pump pushing price well above $700 ?

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October 06, 2016, 05:57:38 AM
 #2

dont think we will see 700 this month
maybe im wrong but from my perspective we can go for some increase and for that i mean 10-20$ max but 100$ i little to much at this point
also dont see any event that could trigger sudden price increase



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October 06, 2016, 06:34:15 AM
 #3

Currently price is trying to break $600 but still lots of selling force is trying to push the price down under $600. What you guys think can this October bring another good pump pushing price well above $700 ?

That would be good for all of us Bitcoin holders but I do not believe it could happen judging from the current price movements. To go up and reach $700, Bitcoin must first go over $650 first which is something that I do not believe can happen for the rest of 2016. Unless there is some big, unexpected and spectacular news then maybe it will. For now I will not keep my hopes up.

I am actually waiting for the opposite to happen so that we could start buying more coins at bargain prices.

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October 06, 2016, 06:39:51 AM
 #4

Currently price is trying to break $600 but still lots of selling force is trying to push the price down under $600. What you guys think can this October bring another good pump pushing price well above $700 ?

That would be good for all of us Bitcoin holders but I do not believe it could happen judging from the current price movements. To go up and reach $700, Bitcoin must first go over $650 first which is something that I do not believe can happen for the rest of 2016. Unless there is some big, unexpected and spectacular news then maybe it will. For now I will not keep my hopes up.

I am actually waiting for the opposite to happen so that we could start buying more coins at bargain prices.

I think the dips below 600 are (almost) over and don't expect that we will see any significant dips anymore that make waiting worth it.

700 by the end of this month is completely feasible and if it happens, I don't think we will be waiting around at those values. More momentum will build.
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October 06, 2016, 06:43:31 AM
 #5

Currently price is trying to break $600 but still lots of selling force is trying to push the price down under $600. What you guys think can this October bring another good pump pushing price well above $700 ?

I'm quite happy for the fact the price is stable at $600.Let me clear your misconceptions :
1.The selling force is certainly "not pushing the price down",they're selling because still a number of hodler's exists!
2.The savers won't push the coins until they reach  marginal profits,which is price = price ++!
3.If the rate is stable for a long time,eventually it would give rise to a situation where the number of holders would beat the sellers,increasing the prices in turn!
4.Yes,I do have hopes this month!
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October 06, 2016, 06:57:07 AM
 #6

The The Winklevoss twins are pushing through some new trades on their platform, but I do not know if this will be enough to push us into the $700 bracket. There has to be something bigger than that to get a $90 increase in the price for us to get $700 by the end of October.

We have seen some higher demand in early December, when people start buying Xmas gifts. I hope merchants are gearing up for that. ^smile^

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October 06, 2016, 07:08:28 AM
 #7

Currently price is trying to break $600 but still lots of selling force is trying to push the price down under $600.

the price has been staying above $600 pretty nicely.
and all these sell pressures are because of accumulation, the whales who are late want to accumulate now and they are keeping it around $605 ish to buy there.

Quote
What you guys think can this October bring another good pump pushing price well above $700 ?

it is never easy to answer this question.
but i think it is possible, because we have seen $600 price range for long enough time.

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October 06, 2016, 07:13:36 AM
 #8

I think it would be  hard for bitcoin to push its price to break $700 since we   are  having a hard  time  even  to  pass on  $600  and  we are almost  on 1/4 of  october and the  price moves only a  little thats why i could assume  that it wont be possible for this  month of  october no even  on december  .lol

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October 06, 2016, 07:54:49 AM
 #9

I have made my prediction in the following topic:

https://bitcointalk.org/index.php?topic=1629813.0

As I've spoken there, the resistance seems alot stronger then I first expected. Though it is is though line to break, I think $700 is a possibility for the end of October. In that case luck must be really on our side, I think the chances are small. $700 seems more like a reasonable figure towards the end of this year
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October 06, 2016, 08:17:49 AM
 #10

Currently price is trying to break $600 but still lots of selling force is trying to push the price down under $600. What you guys think can this October bring another good pump pushing price well above $700 ?
I hope that the price is going to rise again because I want to really sell some of mine bitcoin again so the price needs to rise for me to be able to do that.
maybe that the price is still going to happen with in 2016.
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October 06, 2016, 08:43:27 AM
 #11

Nope, this month will be exactly like how the price has been behaving for weeks/months now. There is no upwards potential since people are only staring at their screen in the hope something will happen. And if all people do this..... Then do your calculations on how long it will take before we see a dump taking the price to sub $600 levels again. Boredom will break them up at some point.
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October 06, 2016, 08:49:40 AM
 #12

We don't know about it but it's not bad if we're gonna wait until it's price go up again. We all know that it's gonna go up again in the near future though.
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October 06, 2016, 10:49:59 AM
 #13

Ah for sure not that's way too ambitious for October in my opinion. I'd say maybe we can reach a price increase of another 20$
Prices are way too stable to go up by a rough 90$ in less than a month time.
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October 06, 2016, 03:17:20 PM
 #14

actually i'm a bit bored with the current price because no big movement since august and in my opinion the price will stay at $600 because no big event to make bitcoin price increase so in my predictions bitcoin still at $600
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October 06, 2016, 05:54:16 PM
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actually i'm a bit bored with the current price because no big movement since august and in my opinion the price will stay at $600 because no big event to make bitcoin price increase so in my predictions bitcoin still at $600

I have doubts about this also I think that it can go to a high amount but that there is nothing sure about the fact that it will go to a higher amount.
Lets hope on it because it would be nice.
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October 06, 2016, 06:14:55 PM
 #16

Currently price is trying to break $600 but still lots of selling force is trying to push the price down under $600. What you guys think can this October bring another good pump pushing price well above $700 ?
i feel like hitting 700 in less than 30 days is a bit ambitious. im not even sure if the price will remain at this current level by the end of the month. im hoping it goes upto around 640.
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October 06, 2016, 06:16:48 PM
 #17

actually i'm a bit bored with the current price because no big movement since august and in my opinion the price will stay at $600 because no big event to make bitcoin price increase so in my predictions bitcoin still at $600
Haven't we come this far from $5 its stable at $600 now ? You're expecting too much,aren't you ? Tongue

The prices won't change just because there isn't a "big movement".The only rule applies is,When Demand > Supply,the prices would sky rocket.If you read my previous comment,eventually it would happen and by judging it from the last year,Christmas eve always push the prices on account of the occasion.I couldn't establish a logical connection,let me know if anyone does.
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October 06, 2016, 06:52:15 PM
 #18

yes i am very much hopeful that at the end of October the price of bitcoin will be trading above 700$ because we are expecting the price of bitcoin above 1200$ at the end of 2016, and hope that bitcoin will easily achieve that limit very easily.
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October 06, 2016, 07:00:04 PM
 #19

Bitcoin prices probably go up around Christmas because of demand.
People are buying things online,
getting drunk and losing money on gambling sites,
taking time off from work to buy drugs on the darknet and get high,
all types of good things lol.

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October 06, 2016, 07:34:39 PM
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Currently price is trying to break $600 but still lots of selling force is trying to push the price down under $600. What you guys think can this October bring another good pump pushing price well above $700 ?
I just came across a highly tempting news, that the first testing of transactions in lightning netwrk was performed successfully. This might bring all the conflicts of block size to an end. So, we could believe this October may bring many surprises to us.
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